1,485 Shares in Uber Technologies, Inc. (NYSE:UBER) Purchased by Comprehensive Financial Planning Inc. PA

Comprehensive Financial Planning Inc. PA acquired a new position in Uber Technologies, Inc. (NYSE:UBER) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,485 shares of the ride-sharing company’s stock, valued at approximately $90,000.

Several other large investors also recently bought and sold shares of UBER. Jennison Associates LLC grew its stake in shares of Uber Technologies by 36.9% during the 4th quarter. Jennison Associates LLC now owns 26,460,312 shares of the ride-sharing company’s stock valued at $1,596,086,000 after purchasing an additional 7,137,512 shares during the period. Assenagon Asset Management S.A. increased its position in shares of Uber Technologies by 670.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 6,611,557 shares of the ride-sharing company’s stock valued at $398,809,000 after purchasing an additional 5,753,637 shares during the last quarter. Montrusco Bolton Investments Inc. purchased a new stake in shares of Uber Technologies during the 4th quarter valued at about $166,072,000. Edgewood Management LLC increased its position in shares of Uber Technologies by 10.5% during the 3rd quarter. Edgewood Management LLC now owns 27,552,060 shares of the ride-sharing company’s stock valued at $2,070,813,000 after purchasing an additional 2,627,768 shares during the last quarter. Finally, AMF Tjanstepension AB purchased a new stake in shares of Uber Technologies during the 3rd quarter valued at about $163,468,000. 80.24% of the stock is currently owned by institutional investors.

Uber Technologies Stock Performance

NYSE:UBER opened at $78.74 on Tuesday. The stock’s fifty day moving average is $65.34 and its 200 day moving average is $70.17. Uber Technologies, Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The firm has a market capitalization of $165.80 billion, a PE ratio of 17.27, a PEG ratio of 0.81 and a beta of 1.39. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.07.

Uber Technologies (NYSE:UBER) last released its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 earnings per share for the quarter, beating the consensus estimate of $0.50 by $2.71. Uber Technologies had a return on equity of 62.60% and a net margin of 22.41%. On average, sell-side analysts anticipate that Uber Technologies, Inc. will post 2.4 earnings per share for the current year.

Insider Activity at Uber Technologies

In other Uber Technologies news, insider Jill Hazelbaker sold 27,780 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the sale, the insider now owns 107,289 shares in the company, valued at $7,821,368.10. This trade represents a 20.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.84% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 price target on shares of Uber Technologies in a research report on Wednesday, February 5th. Gordon Haskett raised shares of Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research report on Thursday, October 31st. Piper Sandler reduced their price target on shares of Uber Technologies from $82.00 to $80.00 and set an “overweight” rating for the company in a research report on Thursday, February 6th. JMP Securities reissued a “market perform” rating on shares of Uber Technologies in a report on Thursday, February 6th. Finally, Evercore ISI reduced their target price on shares of Uber Technologies from $120.00 to $115.00 and set an “outperform” rating for the company in a report on Thursday, February 6th. Seven research analysts have rated the stock with a hold rating, twenty-eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $90.70.

Uber Technologies Company Profile

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.